‘Twitter’s Secret Weapon for IPO: Facebook’ – ‘Mashable’

Seth Fiegerman says, “When asked in a recent interview about his advice for Twitter‘s possible IPO, Facebook co-founder and CEO Mark Zuckerberg joked that he would probably be the “last” person one would want to consult on “how to make a smooth IPO.”

Zuckerberg and Facebook went through one of the rockiest public offerings in recent memory thanks to a number of factors: too many shares offered at too high a price, significant last-minute downward revisions to ad revenue projections and major glitches on the NASDAQ during the first minutes of trading. The end result was that Facebook only traded above its IPO price once during its entire first year“.